Fiduciary Rule

DOL’s New Fiduciary Rule Reiterates the Importance of Working with a Fiduciary Advisor

If you follow the financial news, the term fiduciary has come up repeatedly over the last several weeks, primarily due to the Department of Labor announcing a rule mandating that financial advisors put client’s best interests first when making recommendations for retirement plan rollovers to IRAs and annuities.  There are many who oppose this rule; primarily advisors who…

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Fiduciary NAPFA Jupiter FL

The Benefits of Using a Fiduciary

As you may recall, under the Obama administration, the Department of Labor passed the Fiduciary Rule which addressed the standard of care that an advisor has to their clients in regard to retirement plan accounts. A fiduciary standard means the advisor is ALWAYS required to act in the client’s best interest, whereas a suitability standard…

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